Annual report
Page 1
( Mark one ) ANNUAL REPORT PURSUANT TO SECTION 13 OR 15 ( d ) OF THE SECURITIES AND EXCHANGE ACT OF 1934 For fiscal year ended January 31 , 2021 OR UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington , D.C. 20549 FORM 10 - K TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 ( d ) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to New York ( State or Other Jurisdiction of Incorporation or Organization ) 650 From Road , Ste . 375 Paramus , New Jersey ( Address of Principal Executive Offices ) Title of Each Class Common stock , par value $ 0.01 per share MOVADO GROUP , INC . ( Exact name of registrant as specified in its charter ) Commission File Number 1-16497 Large accelerated filer Smaller reporting company Registrant's Telephone Number , Including Area Code : ( 201 ) 267-8000 Securities Registered Pursuant to Section 12 ( b ) of the Act : Trading Symbol ( s ) MOV Securities registered pursuant to Section 12 ( g ) of the Act : None Indicate by check mark if the registrant is a well - known seasoned issuer , as defined in Rule 405 of the Securities Act . Yes No Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15 ( d ) of the Exchange Act . Yes No Indicate by check mark whether the registrant ( 1 ) has filed all reports required to be filed by Section 13 or 15 ( d ) of the Securities Exchange Act of 1934 during the preceding 12 months ( or for such shorter period that the registrant was required to file such reports ) , and ( 2 ) has been subject to such filing requirements for the past 90 days . Yes No ■ 13-2595932 ( IRS Employer Identification No. ) 07652-3556 ( Zip Code ) Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S - T ( §232.405 of this chapter ) during the preceding 12 months ( or for such shorter period that the registrant was required to submit such files ) . Yes X No Indicate by check mark whether the registrant is a large accelerated filer , an accelerated filer , a non - accelerated filer , a smaller reporting company , or an emerging growth company . See the definitions of “ large accelerated filer , ” “ accelerated filer ” “ smaller reporting company , ” and “ emerging growth company ” in Rule 12b - 2 of the Exchange Act . X ■ Name of Each Exchange on which Registered New York Stock Exchange Accelerated filer Emerging growth company If an emerging growth company , indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13 ( a ) of the Exchange Act . Non - accelerated filer ■ Indicate by check mark whether the registrant has filed a report on and attestation to its management's assessment of the effectiveness of its internal control over financial reporting under Section 404 ( b ) of the Sarbanes - Oxley Act ( 15 U.S.C. 7262 ( b ) ) by the registered public accounting firm that prepared or issued its audit report . Indicate by check mark whether the registrant is a shell company ( as defined in Rule 12b - 2 of the Exchange Act ) . Yes No The aggregate market value of the voting stock held by non - affiliates of the registrant as of July 31 , 2020 , was approximately $ 153 million ( based on the closing sale price of the registrant's Common Stock on that date as reported on the New York Stock Exchange ) . For purposes of this computation , each share of Class A Common Stock is assumed to have the same market value as one share of Common Stock into which it is convertible and only shares of stock held by directors , executive officers and holders of greater than 10 % of the registrant's total voting power were excluded . The number of shares outstanding of the registrant's Common Stock and Class A Common Stock as of March 22 , 2021 , were 16,607,759 and 6,610,509 , respectively . DOCUMENTS INCORPORATED BY REFERENCE Portions of the definitive proxy statement relating to registrant's 2021 annual meeting of shareholders ( the " Proxy Statement " ) are incorporated by reference in Part III hereof .